he just won't let you see it: he is keeping the expenses ridiculously low (this means denying the community that made craigslist what it is basic things like customer service -- most users in need of help just can't get it... while the money is sitting in the bank accounts? (17th paragraph)... whose bank accounts? Jim&Craig's of course...
the result of keeping expenses very low is huge net profits that end-up in the shareholders' pockets because Craig switched to for profit in 1999 -- if that's NOT pocketing the money, I don't know what is...
Delia
P.S. and they have the nerve to talk about customer service, philanthropic mindset and all that -- bullshit of the century... D.
Showing posts with label CEO who puts profits second. Show all posts
Showing posts with label CEO who puts profits second. Show all posts
Monday, September 24, 2007
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